HONG KONG: An Andy Warhol portrait of former Chinese leader Mao Zedong will be auctioned in Hong Kong in a landmark sale that could fetch $15 million — but mainland buyers may be wary of putting in a bid.
The classic 1973 screen print by the legendary US pop artist will go under the hammer at Sotheby’s next month with the highest estimate the auction house has ever seen for a painting in Asia.
It comes as demand grows among collectors in the region for a wider variety of high-profile works, driven by appetite in China.
The auction house describes the event as…
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